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Business Economics Quiz

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Questions and Answers

What do economists study in relation to scarce resources?

Efficient allocation for maximum goods and services production (correct)

Inefficient allocation for minimum goods and services production

Inefficient allocation for maximum goods and services production

Efficient allocation for minimum goods and services production

What is a requirement for the Business Economics (BSBA) major?

Completion of science and technology classes

Completion of a specific set of business foundation and core classes (correct)

Completion of any business-related classes

Completion of foreign language classes only

What is required to gain admission into the Business Economics major?

Participating in a language proficiency test

Participating in a non-competitive admissions process

Participating in the highly competitive Eller College Professional Admissions process (correct)

Taking any core classes

What is an example of a public issue that economists work on?

Inflation Signup and view all the answers

What do economists apply economic theory to?

Banking, finance, manufacturing, education, law, international trade, labor, insurance, agriculture, health, criminal justice, energy, natural resources, and telecommunications Signup and view all the answers

What is the focus of study for economists?

Efficient allocation of scarce resources Signup and view all the answers

In which areas do economists apply economic theory?

Banking, finance, and international trade Signup and view all the answers

What is a requirement for the Business Economics (BSBA) major?

Highly structured set of business foundation and core classes Signup and view all the answers

What is an example of a public issue that economists work on?

Inflation Signup and view all the answers

What is the admission process for the Business Economics major?

Participating in the highly competitive Eller College Professional Admissions process Signup and view all the answers

Business Economics Quiz

Choose a study mode

Podcast

Questions and Answers

What do economists study in relation to scarce resources?

What is a requirement for the Business Economics (BSBA) major?

What is required to gain admission into the Business Economics major?

What is an example of a public issue that economists work on?

What do economists apply economic theory to?

What is the focus of study for economists?

In which areas do economists apply economic theory?

What is a requirement for the Business Economics (BSBA) major?

What is an example of a public issue that economists work on?

What is the admission process for the Business Economics major?

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